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Real Estate Prices & Overview

Capri / Northwood median real estate price is $350,906, which is more expensive than 35.2% of the neighborhoods in Florida and 48.3% of the neighborhoods in the U.S.

The average rental price in Capri / Northwood is currently $1,813, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.6% of Florida neighborhoods.

Capri / Northwood is a suburban neighborhood (based on population density) located in Gainesville, Florida.

Capri / Northwood real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Capri / Northwood neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.9% in Capri / Northwood. NeighborhoodScout analysis shows that this rate is lower than 48.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Gainesville, the Capri / Northwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 13.8% of the residents of the Capri / Northwood neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Capri / Northwood stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.4% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Capri / Northwood neighborhood has more Welsh and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Welsh ancestry and 2.7% have British ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Capri / Northwood neighborhood in Gainesville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.8% of U.S. neighborhoods. In addition, 2.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.9% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Capri / Northwood neighborhood, 50.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.8%), and 10.4% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Capri / Northwood neighborhood is English, spoken by 93.1% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Capri / Northwood neighborhood in Gainesville, FL, residents most commonly identify their ethnicity or ancestry as Irish (16.3%). There are also a number of people of German ancestry (13.5%), and residents who report English roots (11.6%), and some of the residents are also of French ancestry (5.8%), along with some Scottish ancestry residents (5.4%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Capri / Northwood neighborhood spend between 15 and 30 minutes commuting one-way to work (45.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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